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Middle East Conflict Jolts Energy Markets

Enverus

Targeted Strikes Rattle Oil Markets Recent attacks on Iranian energy facilities caused a spike in oil prices, with Brent crude rising about $10 per barrel in the past month. Current market conditions suggest oil should be trading in the high $70s to low $80s per barrel based strictly on current OECD crude and product stock levels.

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From West to East: Keyera Builds National NGL Corridor with Plains $5.15B Acquisition

Rextag

The transaction effectively establishes a fully connected NGL corridor stretching from Western Canada to Eastern Canada, with export connectivity via liquefied petroleum gas (LPG) terminals on the West Coast. logistics components.

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Wink to Webster: The 1.5M bpd Superhighway Out of the Permian

Oil Gas Leads

million barrels per day capacity , the pipeline was developed through a joint venture to meet growing demand for safe, efficient, and high-volume takeaway from West Texas. petroleum infrastructure—backed by careful planning, robust financial support, and community coverage. Spanning over 640 miles with a 1.5

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Tankers showing caution around Strait of Hormuz after U.S. attack on Iran nuclear sites

CNBC: Energy

The inability of oil to traverse through, even temporarily, can ratchet up global energy prices , raise shipping costs and create significant supply delays. million barrels per day, accounting for about 20% of global petroleum liquids consumption, according to the U.S. In 2023, oil flows through the waterway averaged 20.9

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What analysts say it will take for the Israel-Iran conflict to rattle the markets

CNBC: Energy

" Allen pointed out that while Brent crude prices jumped around 7% on Friday to roughly $74 a barrel, the international oil benchmark is still below its 2024 average of roughly $80. Extended disruption to shipping in the Strait of Hormuz could result in oil prices spiking above $100 a barrel, Goldman Sachs estimated on Friday.

IT
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Chevron starts oil production from Ballymore Project in Gulf of America

Oil & Gas 360º

Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the companys goal to produce 300,000 net barrels per day of oil equivalent from the Gulf in 2026. Malo facilities.

Oil
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U.S. Shale’s Superpower Isn’t Geology — It’s Consistency

Oil Gas Leads

This evolution isn’t just reshaping North American energyits redefining global supply chains, capital markets, and geopolitical power. We have decades of inventory below our $40 per barrel WTI cost of supply threshold this optionality is what separates the inventory haves from the have nots.